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Strategies & Market Trends : Fatty's Donut Shop -- Ignore unavailable to you. Want to Upgrade?

To: Investor Clouseau who wrote (659)	4/15/1999 6:51:00 AM
From: Matt Brown	Read Replies (3) \| Respond to of 5041

I am buying 2 stocks...... I am buying XNET (based on trading and poll) and I am buying MXNT MXNT hopefully will see a dip and allow one of my orders to go through. They have a whole lot going for them. Possible selloff on Auction news today. They are going in the right direction with everything they have. I found some interesting stuff on their auction site and other places that sets them in a league by theirself. Float is around 3 million. Hasn't traded hands on one day yet, so it could move heavily when it does. NASDAQ coming soon for sure on this one. Meets all qualifications. Employees should be exapanding as growth explodes. XNET I am buying today too. Float is small, investors are sold, volume is steady. I don't see much of a dip if one at all. Lots of optimism and solid research. Keep in mind that the data we saw in the financials was old. The subscribers since have doubled. This will blow the top off of some people when they find that out! I will post this here because the email system is all messed up and some didn't get it last night.... Club Fatt! Evening Edition from Last Night-- Good Evening! Today was a stinky day for the NASDAQ!! Things in my portfolio did well. MXNT I put SOME money in MXNT to see how it would react. It did well. Tonight, I did even more research. I am really really liking this stock. I have a feeling that the way that management is moving that this stock could see some very high days. They have tons of websites that they operate. I think that we could see many employees added as they try to expand and keep up! They have many interesting things going on. They have added Audio/Video features, a web radio (like NAVR), auctions, yellow books. One thing that might happen tommorow. Not that that many people are selling, but there might be a quick sell off on the news of the auctions. I am hoping, but I doubt I will get my decline...This stock has virtually no hype, a float of 3 million and some great researchers backing it. The stock saw some serious buying today. Obviously! It was up 50%, but I think it is still highly undervalued. I am going to be covering this stock in more detail after I get feedback from you guys. I will tell my thread members about this one by Tommorow morning. There truly is a lot going for this stock. But, it is an OTC BB, so it is highly risky. I plan to hold this stock for a while. The volume is very steady and the charts look great. Much like TNRG, but without the corruption and paid touts, etc. That really bothered me. XNET Now might be the time. @ 5, we saw some resistance, but not much. The volume was nice and steady. This ECheung is one straight up dude. He tackled the negative crap going around really fast. I expect an announcement of further developments within 2 weeks. This guy isn't in to hype, so not much comes out. I like the stock and might buy some tommorow if the stock crosses 5. I would much rather buy in on a constant uptrend then try to guess the bottom and hope that it goes up from there! Please tell me your opinions on XNET...as far as buying it back @ 5. Should have bought @ 4, but there was some crap floating around in the water. Looks like the solid investors are back! We need to watch our evaluation on this stock though...I am putting a value as of now @ 10 on it. I feel the stock could easily trade there in less than 6 months. With the right pR, could hit faster. Opinions? Didn't buy any MSGI, because I liked MXNT much better. I guess I can't get away from these cheaper growth stocks. I cancelled the 2 orders this morning and bought MXNT at the open. I knew it would open high, but I wanted it. Luckily, that was the low! Got lucky! I plan to discuss this stock with the thread and buy more tommorow. I will be sending out an email describing the new email system later... FM Disclaimer: geocities.com © 1999 Club Fatt!